Li & Fung Announces Shareholder Approval of US$1.1 Billion Strategic Divestment of Three Product Verticals Businesses
99.94% of the independent shareholder votes were in favor of the strategic divestment Further simplifies business to focus on core competencies Special dividend of US$520 million to return to shareholders Remaining proceeds of US$580 million to further strengthen capital structure to build the supply chain of the future Hong Kong, 31 January 2018 – Li & … Continue reading Li & Fung Announces Shareholder Approval of US$1.1 Billion Strategic Divestment of Three Product Verticals Businesses
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